Banco Santander, S.A. Sponsored (SAN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Banco Santander, S.A. Sponsored

NYSE•Financial Services•Banks - Diversified

$14.86-0.07(<0.01%)Pre-market

Market Cap

$218.11B

P/E

13.8x

P/S

2.4x

P/B

2.0x

Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide. The company operates through five segments: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking, Wealth Management & Insurance, and Payments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services. The company also provides credit and debit cards, real estate loans, microfinance, and auto loans; corporate and investment banking services; advice on mergers and acquisitions; wealth, asset, and risk management services; and digital payments and technology solutions. In addition, it is involved in the securitization, leasing, management of portfolios, e-commerce, air transport, aircraft rental, software, consulting, fund and investment management, renewable energy, vehicle rental, insurance, advertising, marketing, telemarketing, automotive, agricultural, factoring, securities brokerage and investment, pension fund management, trade intermediary, venture capital fund, renting, restaurant, electricity production, IT, internet, and financial advisory and other activities; management, and other real estate activities; and purchase and sale of vehicles. Further, the company offers mobile and online banking services. Banco Santander, S.A. was formerly known as Banco Santander Central Hispano SA and changed its name to Banco Santander, S.A. in February 2007. The company was incorporated in 1856 and is headquartered in Madrid, Spain.

How this company scores

GoodMetricSide Score: 62/100

Strongest: Growth (22/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability20/25

Growth22/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality12/25

Strengths

Growing revenueStrong marginsRising earningsCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.7x5y range 4.0x – 13.7x

Currently above its 20-quarter median.

P/S · 2.2x5y range 0.6x – 2.5x

Currently above its 20-quarter median.

P/B · 1.8x5y range 0.4x – 1.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 11.1% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $218.11B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $90.24B
Q. Revenue: $33.48B
TTM EBITDA: $21.04B
TTM Op. Income: $18.77B
Q. Op. Income: $4.85B
TTM Net Income: $15.79B
Q. Net Income: $3.58B
EPS: N/A
Shares Out.: $14.68B

$90.24B in TTM revenue grew 17.7% YoY, reaching $33.48B last quarter. TTM EBITDA of $21.04B and TTM operating income of $18.77B show growth is flowing through to the bottom line. TTM net income of $15.79B means revenue is converting into profit. Over the past year, TTM revenue is up 18% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 14.5%
Op. Margin: 14.5%
Net Margin: 10.7%

Op. margin of 14.5% is down 16.3% YoY — costs are rising relative to revenue. Net margin at 10.7% Across the last 8 quarters, operating margin has fallen for 3 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.7x
P/S Ratio: 2.2x
P/B Ratio: 1.8x

At 12.7x P/E, the stock trades below typical market levels. P/S of 2.2x and P/B of 1.8x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 37% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.95T
Cash: $137.95B
Long-Term Debt: $348.07B
Book Value: $109.30B
D/E Ratio: 3.2
Debt/EBITDA: 71.8

With $1.95T in assets and $348.07B in long-term debt, D/E is 3.2and book value is $109.30B — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 3% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

TTM Free Cash Flow: $-10.21B
FCF Margin: -11.3%
FCF / Net Income: -0.6

TTM FCF of $-10.21B. The FCF / Net Income ratio of -0.6x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 132% — a weakening trend.